Macro Matters: how is this recovery different?

The causes of the pandemic recession were different to anything from the post-war era, so should we expect the economic recovery to be different too? How should markets price this recovery and what should investors look out for?

Welcome to another week of Macro Matters. In this episode our host Paul Diggle is joined by Jeremy Lawson, Luke Bartholomew and Robert Gilhooly from the Aberdeen Standard Investments Research Institute.  A year ago, Luke and Paul’s research report ‘How is this recession different?’ considered how the economic shock from the pandemic differed from any recession seen before.  Now, 12 months on and with the bounce out of the recession underway, the question is around the nature of the  recovery.

Luke begins by discussing the shape of the recovery and the extent of monetary and fiscal policy support.

Jeremy asks whether this recovery is the start of a new business cycle or a continuation of the previous one, and explores divergences in the goods and services sectors.

Bob focuses on how the recovery may vary between emerging and developed markets.

If you’re enjoying Macro Matters, we’d like to hear from you. Share your thoughts on episodes past or give us ideas on future topics by dropping us an email using macromatters@aberdeenstandard.com. You can also continue the conversation with us on LinkedIn too.

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If you missed last week's episode of Macro Matters, catch up now and join our guest host, Luke and James McCann as they discuss the US economy and inflation outlook. 

 
 

Transcript

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